2313 W Fullerton Ave Chicago, IL 60647
Mixed-use properties
Property Features for 2313 W Fullerton Ave
General Information
- Standard status
- Active
Building Details
- Year built
- 1892
Source:
Corcoran
Listing Agency: COMPASS Listing Agent: Jacqueline Lotzof
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully gut-renovated mixed-use property in Bucktown, zoned C1-2, with a one-story commercial building in the front, two-unit residential building in the rear and a storage unit in the basement. The commercial space has three offices, a kitchen, and a bathroom. Each residential unit offers two bedrooms, one bathroom, and in-unit laundry. The first-floor residential unit includes an attached one-car garage with storage. Renovation work included demolition and rebuilding of the second floor and roof, full tuckpointing, new closed-cell foam insulation, new windows and doors, and all-new utility systems. Upgrades include a new water line, storm sewer system, and 600-amp commercial electrical service. Interior finishes in the residential units include new cabinets, hardwood flooring, and tiled showers; the commercial unit features new cabinets, carpet, LVT flooring, and tiled showers. The property generates $92,520 in annual gross income, including $750 per month from a basement rental with electricity included as part of the common area. The commercial tenant is on a three-year NNN lease with minimum 5 percent annual rent increases. Located in a high-traffic area with over 23,000 cars passing daily, the property allows for signage over 100 sq. ft. per current code. It is two blocks from parks, a 15-minute walk to the Blue Line, minutes to a shopping center, and near expressway access.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6857998
- Latitude
- 41.9247025
Nearby Similar for Sale
FAQs
Where is this mixed-use property located?
The property is located at 2313 W Fullerton Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: - Fully gut-renovated mixed-use property with commercial and residential units.; - Generates $92,520 in annual gross income with a commercial tenant on a three-year NNN lease with minimum 5 percent annual rent increases.; - High-traffic location with over 23,000 cars passing daily and signage allowance over 100 sq. ft.
